SOLUTION: The probability of a snowstorm on Thanksgiving is 0.40 and the probability of a snowstorm on Christmas is 0.70. Assuming that these two events are​ independent, what is the proba

Algebra ->  Finance -> SOLUTION: The probability of a snowstorm on Thanksgiving is 0.40 and the probability of a snowstorm on Christmas is 0.70. Assuming that these two events are​ independent, what is the proba      Log On


   

Question 1137018: The probability of a snowstorm on Thanksgiving is 0.40 and the probability of a snowstorm on Christmas is 0.70. Assuming that these two events are​ independent, what is the probability of a snowstorm on Thanksgiving but not on​ Christmas?
Answer by greenestamps(13200) About Me  (Show Source):
You can put this solution on YOUR website!


P((snow on Thanksgiving) AND (NOT snow on Christmas)) = (0.40)*(1-0.70) = (.4)(.3) = 0.12